Business

Goldman Sachs slides even after solid earnings and naming a new CEO

30 days ago   |   By Business Insider

REUTERS/Danny Moloshok
Goldman Sachs quickly gave up early gains on Tuesday, even after it reported solid second-quarter earnings and named David Solomon as its new CEO.
The broader stock market was lower.
Goldman's investment-banking unit is flush with deals to come.
Watch Goldman Sachs trade in real time here .
Goldman Sachs is down by 1% to $229.16 a share Tuesday after the bank reported better-than-expected earnings and named its new CEO.
Earnings per share came in at $5.98, far better than Wall Street's expected $4.66. Revenue was $9.4 billion, beating estimates of $8.74 billion...
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'I always knew this day would come': Read the memo outgoing Goldman Sachs CEO Lloyd Blankfein just sent to staff

'I always knew this day would come': Read the memo outgoing Goldman Sachs CEO Lloyd Blankfein just sent to staff

30 days ago   |   By Business Insider

Jonathan Ernst/Reuters
David Solomon will succeed Lloyd Blankfein as Goldman's new CEO, the firm said Tuesday.
Solomon will officially take the reigns from Blankfein, the longest-serving Wall Street CEO alongside JPMorgan's Jamie Dimon, in October. He'll then join the board.
Blankfein will serve as chairman through the end of year, and Solomon will add the title in January. Blankfein becomes senior chairman when he retires.
It's official. David Solomon will succeed Goldman Sachs CEO Lloyd Blankfein as the Wall Street firm's new CEO. The firm made the announcement on Tuesday, saying Solomon...
Read more ...

 

IT'S OFFICIAL: Goldman Sachs has named David Solomon as its next CEO

IT'S OFFICIAL: Goldman Sachs has named David Solomon as its next CEO

30 days ago   |   By Business Insider

Goldman Sachs
David Solomon will succeed Lloyd Blankfein as Goldman's new CEO, the firm said on Tuesday.
Solomon will officially take the reigns from Blankfein, the longest-serving Wall Street CEO alongside JPMorgan's Jamie Dimon, in October. He will join the board at that time.
Blankfein will serve as chairman through the end of year, when Solomon will add that title. He take the title of senior chairman after he retires.
It's official. David Solomon will succeed Goldman Sachs CEO Lloyd Blankfein as the Wall Street firm's new CEO. The firm made the announcement on Tuesday, saying Solomon...
Read more ...

 


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